The Los Angeles Clippers introduced Rasual Butler this afternoon to the local media at their training facility in Playa Vista. For those keeping a tally of what’s become of Zach Randolph, Clippers general manager and head coach Mike Dunleavy has now spun him off for the following:

Rasual Butler (1 year, $3.95M)

Craig Smith (1 year, $2.5M)

Sebastian Telfair (2 years, $5.2M, the second year a $2.7M player option)

Mark Madsen (1 year, $2.84M)

A remaining trade exception for $3.36M

$14.63M in salary savings for 2010-11, assuming Telfair picks up his option

A spot in the starting lineup at the power forward for Blake Griffin

There are no marquee names on that list, and nobody who can match Randolph’s raw numbers, but judging from Dunleavy’s mood on Monday afternoon, he’s over the moon that he’s been able to parlay arguably his worst blunder as general manager — the acquisition of Randolph — into a collection of cheap, complementary assets and tremendous financial flexibility.

The Clippers are almost certain to improve upon their 19 wins of last season. To what extent they’ll be in factor in the Western Conference playoff race is anyone’s guess. But if Dunleavy the GM has accomplished nothing else, he’s starting to cobble together a roster that looks a lot more workable to Dunleavy the coach.

Dunleavy likes to post his guards, and has been imploring the small — but brawny — Eric Gordon to develop a post game, something he showed off in Las Vegas. With Butler, Dunleavy gets a lanky swingmen whom he can use in that capacity.

“If you’re a 2-guard and you’re 6-7, we can throw you down in the post some,” Dunleavy said.

Less discussed, but more relevant is whether Dunleavy will act on his impulse as a tactician: Start Butler ahead of Al Thornton.

“We’ll figure out what makes the best sense for us,” Dunleavy said. “Coming into training camp, it’ll be pretty wide open.”

Dunleavy has coveted a Bowen-model small forward ever since arriving in Los Angeles. He took on defensive stopper Quinton Ross as a project, but Ross was never able to develop a perimeter shot that could stretch defenses. Instead, Dunleavy has had to cope with Corey Maggette and now Thornton. Both are capable creators for themselves, but ball-stoppers, defensive liabilities — and endless sources of frustration for Dunleavy. Butler is no Bruce Bowen, but he’s the corner sniper (45% from there), and long perimeter defender Dunleavy’s been after.

Few teams will come into the season with more elastic expectations than the Clippers. So much is uncertain: Blake Griffin’s ceiling in his rookie season; Baron Davis’ health and resolve; Chris Kaman’s ability to bounce back from injury; Eric Gordon’s progress.

Toward the end of his media session, Dunleavy spoke about the physical regimen he requires of his players — their body fat targets and conditioning programs. He also described a torturous, 60-second, three-man weave drill he had to perform himself as a rookie more than 30 years ago.